For saleSingle family
$422,500
9598 Ossawinnamakee Rd
Pequot Lakes MN 56472
3 beds, 1 bath, 1,512 sqft
9598 Ossawinnamakee Rd is a 3 beds, 1 bath, 1,512 sqft single family home for sale at $422,500 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$616/mo a month at a 4.9% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,400/mo
- Monthly cash flow
- -$616/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.7%
- Max offer
- $284,000
Offer ≤ $284,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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